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Money word, in simple language

Notice period

The time you must work, or pay for, between resigning and leaving, as set by your employment contract.

Salary Figures verified 2026-11-01

Example. With a 60-day notice period, someone resigning on 1 March would normally work until about 30 April, unless the employer agrees otherwise.

A notice period is the time between handing in your resignation and your last working day, as set in your employment contract. If you leave early, the shortfall is often recovered from your full and final settlement. Read your offer letter before you resign, and see our lesson on losing a job for the money steps after you leave.

Questions people ask

What is a notice period?

It's the time you agree, in your employment contract, to keep working after you resign, so the employer can plan a handover. The length is set by the contract and company policy.

What happens if I don't serve the full notice period?

Many contracts let you buy out the remaining notice, or let the employer recover pay for the days not served from your full and final settlement. Your offer letter sets out the exact terms.

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